Nobody reads the disclosures that roll down your computer screen. You click 'I agree' but you don't know what you're agreeing to.
Nassim Nicholas TalebRead
What we need to do is break the financial community's grip on society.
Interpretation
This quote emphasizes the need to challenge and change the influence of the financial sector on society.
Nassim Nicholas Taleb highlights the often detrimental control that the financial community holds over various aspects of society. He calls for a break from this influence, suggesting that such a change is necessary for the wellbeing of individuals and the community at large, allowing for more equitable and just systems in place.
In practice
This quote can be used in discussions about economic reform during a community meeting.
Nobody reads the disclosures that roll down your computer screen. You click 'I agree' but you don't know what you're agreeing to.
Fragility is the quality of things that are vulnerable to volatility.
Those who were unlucky in life in spite of their skills would eventually rise. The lucky fool might have benefited from some luck in life; over the longer run he would slowly converge to the state of a less-lucky idiot. Each one would revert to his long-term properties.
Individuals should think about the worst-case scenarios and plan for them. The world will be crazier than you think it will be. Put money away, and then you can live with much more freedom.
A good maxim allows you to have the last word without even starting a conversation.
A Stoic is someone who transforms fear into prudence, pain into transformation, mistakes into initiation, and desire into undertaking.
Inside each of us is a monster; inside each of us is a saint. The real question is which one we nurture the most, which one will smite the other.
What is different in capitalist civilization has been two things. First, the process of meritocracy has been proclaimed as an official virtue instead of being merely a de facto reality. The culture has been different. And secondly, the percentage of the world's population for whom such ascent was possible has gone up. But even though it has grown up, meritocratic ascent remains very much the attribute of a minority.
The nonconformist here may be "beat down" by life but still has a beauty in his or her longing for freedom and for an awakening of the mind.
Concern for man and his fate must always form the chief interest of all technical endeavors. Never forget this in the midst of your diagrams and equations.
Allegories are, in the realm of thought, what ruins are in the realm of things.
Every lie is a poison; there are no harmless lies. Only the truth is safe. Only the truth gives me consolation - it is the one unbreakable diamond.
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